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Dr. Nilufer Usmen


Professor | Accounting & Finance | Feliciano School of Business

Email: usmenn@mail.montclair.edu

Telephone: 9736557075

Office: Feliciano School of Business, 354

Biography

Dr. Nilufer Usmen, has been an MSU faculty member since 1997 and currently teaches International Finance at graduate and undergraduate levels. She comes to MSU with 10 years of teaching experience at Rutgers University and 2 years at Baruch College.

Throughout her career, she has published various articles, books, chapters and proceedings. Her areas of scholarship and research include international corporate finance, stock return distributions, portfolio management and fund performance.

Dr. Usmen received both her B.A. and M.A. from Bogazici University, Turkey. She then obtained a Ph.D. in Business with Concentration in Finance, Baruch College, CUNY.

Areas of Expertise

Close-end Funds
Transfer Pricing
Attribution Analysis

Education

  • Ph D, International Finance, 1988, Baruch

Refereed Publications

  • Usmen N., (2012). Transfer Prices: A Financial Perspective. New York University. Journal of International Financial Management and Accounting.23 (1). (pp. 1-22).
  • Kim D., Son M., Usmen N., (2010). Cross-listing and Earnings Management Surrounding SOX. University of Southern Indiana. Global Business and Finance Review.15 (2). (pp. 90-107).
  • Usmen N., (2010). How Should MNCs Use Transfer Prices to Enhance Firm Value?. International Academy of Business and Economics. Journal of International Business and Economics.10 (1). (pp. 158-169).
  • Usmen N., (2005). Relative Importance of Industry and Country Factors in Security Returns. . Global Finance Journal.16 (1). (pp. 16-25).
  • Usmen N., (2005). Decomposing Performance of Funds-of-Funds. Cambridge. The Journal of American Academy of Business.6 (1).
  • Usmen N., (2003). Resampled Frontiers versus Diffuse Bayes: An Experiment. . Journal of Investment Management.1 (4). (pp. 1-17).
  • Usmen N., (2002). Closed-End Funds and Turnover. . Financial Analysts Journal.58 (3). (pp. 74-81).
  • Usmen N., (2000). Currency Swaps: Netting Versus Gross Settlement. . The International Journal of Finance.12 (2). (pp. 1664-1677).
  • Usmen N., (2000). Closed-End Equity Funds: Betting on Discounts and Premiums. . Journal of Investing. (pp. 83-92).

Published Books

  • Usmen N., Markowitz H., (2013). “The Likelihood of Various Return Distributions”, Chapter 5 in Risk-Return Analysis: The Theory and Practice of Rational Investing, Volume I, 2013. (pp. 208). New York, NY. McGraw-Hill Professional Publishers.
  • Usmen N., (2008). Harry Markowitz: Selected Works. (pp. 573-591). New jersey. World Scientific-Nobel Laureate Series.
  • Usmen N., (2008). Harry Markowitz Selected Works. (pp. 221-247 and 545-547). New Jersey. World Scientific-Nobel Laureate Series.
  • Usmen N., Markowitz H., (2006). Resampled Frontiers versus Diffuse Bayes: An Experiment. New Jersey. World Scientific.

Published Proceedings

  • Usmen N., (2010). Proceedings, 37th Annual Meeting of NBEA. Montclair, NJ. NBEA. Refereed
  • Usmen N., (2001). Style-Based Attribution of a Portfolio of Closed-End Funds: New Methodology and a Case Study. (pp. 889-895). . GBATA.

Research

  • A paper on the role of currency choice on optimal portfolios has been going through extensive revision and is ready to be submitted soon.
  • A paper titled "A New Look at Discount Returns: Implications for the Global Investor" is under review at the Journal of Investment Management.